Andrew has $2300 to invest for the next 10 years. he has three options for investment.
option a...
Mathematics, 27.08.2019 04:30 canyonrico05
Andrew has $2300 to invest for the next 10 years. he has three options for investment.
option a: the interest rate is 3% compounded monthly.
option b: the interest rate is 5% compounded quarterly.
option c: the interest rate is 7% compounded annually.
which option yields the greatest return on andrew's investment?
Answers: 3
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